Saturday, April 12, 2008

Nurse! The screens!

Crikey. You may have thought that I have been a bit pessimistic recently. So did I, until I read this article by Uncle Gary North.

Crivens. This 'temporary credit crunch' may be even worse than we thought.


Gekko said...

It's scary. I'm laughed at when I try to explain to people how bad it could get. Of course nobody likes to be told "I told you so".

Jack Maturin said...

Yes, it may be time to stop trying to explain this and just batten down the hatches, make sure you're so good at your job you're the last to be fired by your employer and make sure your employer is in a non-discretionary economic area. Obviously, being a self-employed finance-market chancer, I'm absolutely stuffed in both cases, so I'll be first on the bonfire unless I can think of a few cunning tricks first. I know, how about a job about the Bank of England? :-)